Institutional Sale | Hilton Minneapolis St. Paul Airport

3800 American Blvd E, Bloomington, MN 55425

Institutional Sale | Hilton Minneapolis St. Paul AirportInstitutional Sale | Hilton Minneapolis St. Paul AirportInstitutional Sale | Hilton Minneapolis St. Paul AirportInstitutional Sale | Hilton Minneapolis St. Paul Airport

Bidding Starts In:

42 days : 12 hours : 37 mins : 39 secs

Auction Starts:

Sep 22, 2026 12:00 PM

Auction Ends:

Sep 24, 2026 01:30 PM

Starting Bid:

$4,500,000

The Exchange Fee is the greater of 5% or a minimum $25,000. Auction FAQs

Institutional Sale | Hilton Minneapolis St. Paul Airport

3800 American Blvd E, Bloomington, MN 55425

Asset Type: Real Estate

Estate: Fee Simple

Year Renovated: 2016

Number of Floors: 12

Hotel Type: Full Service

Property Type: Hospitality

Year Built: 1987

Land Area: 6.11 Acres

Parking Count: 435

Number of Rooms: 300

Investment Highlights

  • Strong and Accelerating Performance with Significant Upside — The Hotel has generated over $12.0 million in top-line annual revenue since 2023, with June 2026 TTM revenue reaching approximately $13.0 million. Occupancy climbed to 68.3% (TTM), up 16.6% year-over-year, while RevPAR grew 11.8% YoY to $82.95 — outperforming its competitive set by 122% RevPAR penetration. A targeted renovation and strategic cost-control measures present a clear path to capture further ADR and margin upside.

  • Premium Airport and Retail-Adjacent Location — Positioned under two miles from Minneapolis-St. Paul International Airport (MSP), the nation's 17th-busiest passenger hub, and 1.5 miles from the Mall of America, which draws 32–40 million visitors annually. The Property is also within 15 miles of 15 Fortune 500 headquarters and 12 miles of downtown St. Paul, anchoring a deep, multi-segment demand base.

  • Brand Optionality with No Liquidated Damages — The current Hilton franchise agreement expires at the end of 2026, giving new ownership the flexibility to either renew and remain a flagship Hilton or reposition the asset under an alternative brand — without incurring liquidated damages.

  • Minimal New Supply Pressure — There is no new hotel supply under construction or proposed within a six-mile radius of the Property, insulating RevPAR from near-term competitive dilution in a submarket that has delivered zero new rooms over the past 12 months.

  • Institutionally Owned and Offered Free and Clear of Management — The Hotel is being sold unencumbered by a management agreement, giving new ownership full discretion to select third-party management or self-operate — a direct lever for margin improvement.

  • Scaled, Amenity-Rich Asset — 300 keys across 12 floors, ~19,000 square feet of flexible meeting space across 16 venues (anchored by the 7,500-square-foot Minnesota Valley Ballroom, accommodating up to 800 attendees), an indoor pool and hot tub, fitness center, and full-service restaurant, all situated on a 6.11-acre parcel.

  • Fee Simple Interest in a Fundamentally Strong Market — Offered fee simple in the Minneapolis-St. Paul MSA, the 16th-largest in the U.S., home to 15 Fortune 500 companies and anchored by a diverse, recession-resilient corporate, healthcare, and government demand base.

Offering Summary

Apex Commercial Exchange, in partnership with HREC Investment Advisors, is pleased to present the opportunity to acquire the fee-simple interest in the Hilton Minneapolis St. Paul Airport, a 300-room, full-service hotel located at 3800 American Boulevard East in Bloomington, Minnesota. Institutionally owned and offered free and clear of management, the Property represents a rare opportunity to acquire a stable, top-line-performing asset with meaningful post-renovation margin-expansion potential in one of the Upper Midwest's most dynamic hospitality submarkets.

Rising 12 stories, the Hotel sits under two miles from Minneapolis-St. Paul International Airport (MSP) — the nation's 17th-busiest passenger hub, serving over 36 million travelers in 2025 — and just 1.5 miles from the Mall of America, the largest shopping and entertainment complex in North America, which draws 32 to 40 million visitors annually and is currently underway on a $430 million expansion. This positioning drives a consistent, multi-segment mix of corporate and leisure demand, further reinforced by proximity to 15 Fortune 500 headquarters and downtown St. Paul.

Since 2023, the Hotel has generated over $12.0 million in annual top-line revenue, with performance accelerating through the June 2026 TTM period: occupancy reached 68.3% (up 16.6% YoY), and RevPAR grew 11.8% YoY to $82.95 — a 122% penetration rate against its seven-hotel competitive set. The current Hilton franchise agreement expires at the end of 2026, providing new ownership significant flexibility to either execute a renovation and continue as a flagship Hilton or reposition the asset under an alternative full-service brand, with no liquidated damages. The Property has not undergone a significant renovation since 2016, and its physical plant — including a full-service restaurant, indoor pool and hot tub, fitness center, and approximately 19,000 square feet of meeting space across 16 venues anchored by the 7,500-square-foot Minnesota Valley Ballroom — is well-positioned for a strategic capital program to capture additional RevPAR share and reestablish the Hotel as the leading full-service lodging option within its competitive set.

With no new competitive supply under construction or proposed within a six-mile radius, and a fundamentally strong, highly accessible Minnesota submarket underpinning long-term demand, the Hilton Minneapolis St. Paul Airport offers investors a compelling, scaled value-add opportunity in a supply-constrained, institutional-quality market.

Auction Sale Terms

  • Non-contingent
  • Earnest Money Deposit: 10% of the Purchase Price (minimum of $20,000) due on the following day of the auction closing no later than 5pm EST
  • Exchange Fee: The Exchange Fee is the greater of 5% or a minimum $25,000

Auction FAQs

Investment Sales Broker

Lee Kerfoot

Lee Kerfoot

HREC Investment Advisors

MN License: 40584043

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Tim Storey

Tim Storey

HREC Investment Advisors

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Taylor Ponath

Taylor Ponath

HREC Investment Advisors

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Scott Stephens

Scott Stephens

HREC Investment Advisors

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George Davis

George Davis

HREC Investment Advisors

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ACE Auction Advisor

Kevin Lipson

Kevin Lipson

Apex Commercial Exchange

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Cameron George

Cameron George

Apex Commercial Exchange

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